Location: Cleburne County, AL | Metro: Anniston-Oxford, AL MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $870 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,470 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,110 | $94,829 | 1.17% | B |
| 3BR | $1,470 | $212,466 | 0.69% | D |
| 4BR | $1,470 | $305,024 | 0.48% | F |
| 5BR | $1,705 | $415,993 | 0.41% | F |
U.S. Census Bureau data (2024)
The ZIP code 36207 in Anniston, AL, has a population of 19,220 residents, with 23.3% being renters. This indicates that while there is a notable presence of renters, the area is not heavily dominated by them. The median household income in this ZIP is $67,969, which provides a baseline for understanding the financial capacity of potential tenants.
The market rent in ZIP 36207 stands at $971 per month. To put this into perspective, the typical rent consumes approximately 17.2% of the median monthly income ($5,664), which is calculated by dividing the annual median income by 12. This percentage suggests that the majority of residents can afford the current market rent without significant strain on their finances.
Comparatively, the Fair Market Rent (FMR) for ZIP 36207 is set at $1,030 for FY 2024, slightly above the current market rent. This means that landlords who accept Section 8 vouchers can potentially charge a bit higher rent, closer to the FMR, which would still be affordable for tenants based on the local income levels.
Landlords in this area should anticipate a tenant pool that includes individuals and families with varying financial backgrounds. While some tenants will have the means to pay market rent out-of-pocket, others will rely on Section 8 vouchers. The vouchers will cover a substantial portion of the rent, typically up to $1,030, leaving a manageable gap for tenants to fill if the rent exceeds this amount.
To summarize, ZIP 36207 is not a renter-heavy zone but has a sufficient number of renters to sustain demand for Section 8 vouchers. With the median income comfortably covering the $971 market rent, landlords can expect financially stable tenants who can meet their obligations, whether through direct payment or voucher assistance.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.